Markets

The value of U.S. durable goods orders surged by 2.9% in December, well ahead of expectations for a 0.9% gain due to a 7.4% jump in transportation orders.

Fourth quarter GDP rose 2.6% in the advance estimate, slower than the 3.0% pace expected.

In the week ended Jan. 25, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index rose to 3.88% from 3.86% the previous week. The BB40 Index is based on the price of 40 long-term bonds.

As Pennsylvania prepares to sell $1.39 billion of tobacco bonds next week, Invesco released a report that highlights reasons investors should own tobacco bonds.

Oil appears to be making a steady comeback, lifting prospects for the key producing states, according to Fitch Ratings.

A “sensibly priced” deal from a New York issuer was snapped up by buyers on Thursday as municipals weakened slightly in secondary trading.

Manufacturing activity in the Federal Reserve Bank of Kansas City's region "strengthened further, and expectations for future activity increased" in January.

The pace of new single-family home sales decreased by 9.3% to 625,000 in December.

The composite of the Leading Economic Index was up 0.6% in December following a revised 0.5% increase in November.

As Pennsylvania gets set to sell $1.39 billion of tobacco bonds next week, Invesco released a report on the sector that offers several reasons why investors should be holding tobacco bonds.